Listed by Paul Harrison • CB Cascade RE - Wenatchee. Bought with CB Cascade RE - Wenatchee.
Off Market Nov 2025 for $740K
$837,275
Est. refi paymentEst. refi$4,641/mo
6
bd
•
5 ba
•
2,780
sq ft
3577 Bainard Rd, Malaga, WA 98828
About this home
Being a landlord has never been easier! Newly built, this fully rented, worry-free income producing duplex is now for sale. Whether self-maintaining your first investment property or adding to an extensive Wenatchee Valley rental portfolio, this two-unit 3 bed/2.5 bath duplex on a flat half acre with tons of parking is perfect for you. Pair the current 7.8% NET Cap Rate with the lowest interest rates in three years and this plug and play rental makes all the sense! Construction includes high end fit and finish throughout. The kitchens and bathrooms are beautiful! Tenants leases available for review. Tenants pay all utilities. Ability to add Additional Dwelling Unit on the half acre parcel as well; buyer to verify. Backyards fully fenced.
Multi-familyProperty Type
2024Year Built
0.5 acresLot Size
$301Est. Price/Sq.Ft.
22 spacesParking
Listed by Paul Harrison• CB Cascade RE - Wenatchee
Bought with Gavin McLaughlin• CB Cascade RE - Wenatchee
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Earn from this home
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Market trends in 98828, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
101.9%
+0.5% MoM
Median sale price
$549K
$238 MoM
Avg. days on market
6d
0 days MoM
Recently sold homes
9
2 MoM
Provided by Redfin
Sale history for 3577 Bainard Rd
Date
Event
Price
Nov 25, 2025
Sold (MLS) (Closed)
NWMLS as Distributed by MLS Grid #2451584
$740,000
$266/sq ft
Nov 18, 2025
Pending
NWMLS as Distributed by MLS Grid #2451584
—
Nov 3, 2025
Pending (Pending - Backup Offer Requested)
NWMLS as Distributed by MLS Grid #2451584
—
Nov 1, 2025
Listed (Active)
NWMLS as Distributed by MLS Grid #2451584
$750,000
$270/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,580 (+178.4%)
$60,000 + $487,288
$547,288
2025
$1,645 (+114.5%)
$60,000 + $487,288
$547,288
2024
$767
$114,000 + $73,400
$187,400
Tax history for 3577 Bainard Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,580 (+178.4%)
$60,000 + $487,288
$547,288
2025
$1,645 (+114.5%)
$60,000 + $487,288
$547,288
2024
$767
$114,000 + $73,400
$187,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Sq. Ft.
2,748
Year built
2024
Style
Multi-Family (2-4 Unit)
County
Chelan County
APN
222127330130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 2026.
RV
Rural Village District
This designation recognizes the existence of intensely developed rural residential developments and communities, with densities less than 2.5 acres per dwelling unit, which typically will not have sewer service. This designation will provide the opportunity for the development, redevelopment and infill of existing intensely developed rural residential areas for residential and other rural development consistent with the rural character and rural development provisions outlined in the goals and policies of the comprehensive plan. Potential impacts to the surrounding area, critical areas, and water quality shall be addressed. These areas must be clearly identifiable as existing intensely developed rural residential development; where a logical boundary can be delineated and set by the built environment. Such a boundary shall not permit or encourage a new pattern of sprawling low density or urban type development.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Property details
Parking
Parking Information
Parking Uncovered Spaces: 20
Covered Spaces: 2
Parking Features: RV Parking
Open Parking Spaces: 20
Garage Square Feet: 480
Has Open Parking
Interior
Bedroom Information
Bedrooms Possible: 6
Heating & Cooling
Has Heating
Heating Information: Forced Air, Heat Pump
Has Cooling
Cooling Information: Central A/C, Forced Air, Heat Pump
Interior Features
Flooring: Vinyl Plank, Carpet
Multi-Family Financial Information
Insurance Expense: $1,000
Net Operating Income: $58,555
Gross Adjusted Income: 61200
Gross Scheduled Income: $61,200
Total Monthly Income: 5100
Gross Rent Multiplier: 12.25
Total Expenses: 2645
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Unit Type 1 Information
Unit Name: 1
# of Bathrooms: 2.5
# of Bedrooms: 3
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,374
Actual Rent: $2,550
Unit Type 2 Information
Unit Name: 2
# of Bathrooms: 2.5
# of Bedrooms: 3
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,374
Actual Rent: $2,550
Exterior
Building Information
Construction Materials: Wood
Roof: Composition
Exterior Features
Exterior Features: Wood, Wood Products
Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View
Lot Information
MLS Lot Size Source: Realist
Site Features: Fenced-Partially,High Speed Internet,RV Parking
Zoning Jurisdiction: County
Lot Features: Alley, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $1,645
Tax Year: 2025
Financial Information
Listing Terms: Cash Out, Conventional, State Bond, USDA Loan, VA Loan
Buyer Financing: Exchange
Utilities
Utility Information
Water Source: Public
Power Company: Chelan County PUD
Sewer: Septic Tank
Water Sewer Garbage: 0
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Wenatchee High
High School District: Wenatchee
Location Information
Directions: From Malaga Alcoa Hwy, through Malaga, right on W Malaga Rd. Left on Dixie Ln. Right on Bainard Rd. Look for sign.
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 2,748
Stories: 2.0
Lot Size: 0.5 acres
Style: Multi-Family (2-4 Unit)
Year Built: 2024
Year Renovated: —
County: Chelan County
APN: 222127330130
Home facts updated by county records on Jun 24, 2026
Other
Listing Information
Buyer Brokerage Compensation: 3
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Saturday, November 1, 2025
Green Information
Power Production Type: Electric
Home Information
Calculated Square Footage: 2780
MLS Square Footage Source: Assessor's Site
Building Area Total: 2780
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 2024
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 2
Around this home
Schools
Mission View Elementary School
Public K-5 • Assigned • 5.4mi
4/10
Pioneer Middle School
Public 6-8 • Assigned • 6.8mi
4/10
Wenatchee High School
Public 9-12 • Assigned • 6.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Malaga, WA • 98828
Average low and high temperatures (°F)
34
26
37
27
51
36
61
42
71
50
77
58
86
67
85
65
78
60
58
42
43
35
38
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 1.5 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
1.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$796,000 – $963,000
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